Cut Costs, Expand Profit Margins - A PEO Broker Can Show You How!
April 8th, 2009 |So maybe you’ve heard about employee leasing services, also known as a Professional Employer Organizations (PEO)s through a fellow business owner. It sounds interesting enough, but where do you start? You want more detailed information on what the services will do for your business without the pressure of an appointment, being put on a mailing list or even worse- the “follow-up” phone calls.
When you contact a PEO broker, you’re getting answers to your questions from an independent expert in the PEO industry. The first step a broker should take is to listen carefully to your questions. Your questions and the information you give will open up the conversation to see if PEO services are a fit for your company.
For the sake of this article, let’s assume a PEO is a good fit for you. What’s important to understand is that just like your business compared to any other, each Professional Employer Organization is different, and unique in their offerings. Their workers’ compensation and benefit services have very distinct differences in coverage and costs. They service different industries, markets and states. Each PEO has minimum requirement for employees and annual payroll that vary dramatically.
So here’s where the advantages begin to really add up for you. Now the broker knows how many employees you have, what they do, what specific, if any, benefit needs you require and what areas of your business would profit the most from a PEO service. The broker can then quickly drill down to the companies that can deliver these specific services your business, access proposals from those providers and then help you review differences between each company. The best part is, that you accomplish your goals and access the information you need within a few days - or less!
As with any service, when you connect with a broker, get references- and by all means stay away from the quote-generating sites that want a lot of your information. These sites are selling your personal information as leads to as many PEOs as possible. Most also sell a number of other services and know very little about anything they’re peddling, putting you back at the starting line as your phone rings off the hook with solicitations.
This is a huge decision for you and your business. The right PEO can impact your business in the most important area - how much you earn and how much you spend.
When you’re ready to learn more about employee leasing/ PEO services for your business, contact us at 1-888-582-8388
Mike Burgelin
Mike@EmployeeLeasingQuotes.com
http://www.EmployeeLeasingQuotes.com
1-888-582-8388


One Response to “Cut Costs, Expand Profit Margins - A PEO Broker Can Show You How!”
By Michigan PEO on Sep 23, 2009 | Reply
Couldn’t agree more - the PEO relationship is all about sharing employer responsibilities. It’s important to do your research, and find a company that you feel comfortable working with.